New 2160 Target Returns 34.6% Zinc Intersection
Ubique Minerals Limited CSE:UBQ) has received assay results for the balance of the drill holes completed on its Daniel’s Harbour zinc project in Newfoundland. All nine were drilled on Mineral Licenses under option from Ophir Gold Corp. (formerly Minkap Resources).
Holes UM-38 – 43 tested a new, very shallow target, the 2160 Zone, with the highest-grade hole intersecting a remarkable 34.6% zinc over 0.75 metres. Holes UM-44 – 46 were drilled in the Nose Zone and extended the strike length of this zone by 75m to the northeast which gives it a total defined length of more than 250m.
The six holes drilled to locate the 2160 Zone were successful in locating stratabound zinc mineralisation dipping westerly at 15° at extremely shallow depths, the shallowest intercept starting at 4.0m vertically below surface and the deepest intercept at 11m depth.
“We are very pleased with the results from the drilling, particularly in the Nose Zone, as the zone now is demonstrated to have more than 250 metres of strike and is open at both ends, making it a priority for additional drilling,” CEO, Gerald Harper, said.
“It parallels one of the largest ore zones mined in the former mine and is also close to the decline ramp access to that ore zone.”